Detailed text transcripts for TV channel - MSNBC - 20120507:20:17:00
>> definitely. we're 54 days away from the interest rate doubling. this past weekend a lot of schools were heading home for the end of the spring term and financial aid offices, families, all of the folks that really are about, you know, the next class entering in the fall, are scratching their heads trying to figure out how to budget for next year's term. and as you point out, we're at a point where student debt now exceeds all other types of consumer debt. this is probably some of the most important investment a society can make and yet we're 54 days out on actually neither house or senate w...
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